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Tag Archives: consumer spending
U.S. Already in Recession?
Financial FAQs The Conference Board Leading Economic Index® (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in … Continue reading
Tariffs Trump Consumer Spending
Financial FAQs “Advance estimates of U.S. retail and food services sales for May 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $715.4 billion, down 0.9 percent (±0.5 percent) from the previous month, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Donald Trump, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, Trump
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California Can’t Be Bullied
Popular Economics Weekly Governor Gavin Newsom today announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA). April, 2025 LATimes The Trump … Continue reading
Immigrants Make a Difference
Popular Economics Weekly “Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, leisure and hospitality, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Donald Trump, Economy, GDP growth, immigration, inflation, news, Politics, Trump
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What’s the Fed Saying?
The Mortgage Corner “In considering the outlook for monetary policy, participants agreed that with economic growth and the labor market still solid and current monetary policy moderately restrictive, the committee was well positioned to wait for more clarity on the … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Consumers Not So Confident
Financial FAQs “Consumer confidence improved in May after five consecutive months of decline,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards.” Conference … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, foreign trade, GDP growth, inflation, interest rates, Politics, tariff agreements, tariffs, Trump
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Manufacturing Not the Problem
Popular Economics Weekly “In April, U.S. manufacturing activity slipped marginally further into contraction after expanding only marginally in February. Demand and output weakened while input strengthened further, conditions that are not considered positive for economic growth.” ISM Manufacturing FREDIndustrialproduction U.S. … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Trump’s Manufacturing Scam
Financial FAQs “Why? It’s not like we’re a small country or full of stupid people. No, it’s the takeover of the economists and bankers. Simply put, modern American law is oriented towards ensuring very high returns on capital to benefit … Continue reading
Posted in Consumers, COVID-19, Economy
Tagged consumer spending, Donald Trump, Economy, GDP growth, Great Depression, inflation, news, Politics, Trump
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Stopping the Steal
Popular Economics Weekly “We were losing hundreds of billions of dollars with China. Now we’re essentially not doing business with China. Therefore, we’re saving hundreds of billions of dollars. Very simple.” Donald Trump NYTimes Why would Trump mouth such an … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump, unemployment report
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Whose Economy Is It Now?
Popular Economics Weekly “Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, transportation and warehousing, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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